Just found this via bit-101, a great Flash Blog (since my day-job involves flash)
First off Install flash 10 from:
then check this out, it's flash generating sound based on your mouse's x/y position:
Read the whole post (code included) at:
Too bad this code probably won't work when the new stuff comes out, it's still Beta... But I'm willing to drop the dough on doing it straight from flash, no more Flash -> FLOSC -> PureData... Friggin sweet.
for more flash 10 demo's check out: